UK - Aon has been retained as actuary by the UK's £250m Audit Commission Pension Scheme.
The Bristol-based scheme has about 2000 active members and reviewed Aon as part of an “overdue” check and not because of performance concerns, said pensions manager Paul Punter at the time the review was announced.
Aon has been the incumbent actuary since the commission became a separate entity in 1984.
A spokesman for the scheme said the global consultant was retained because of its “experience and knowledge of the scheme, our good relationship in past and we had no problems with the service we were getting.”
Aon will be presenting the scheme’s first ALS in May.
By Luke Clancy
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